Potential tax changes proposed by finance bill 2021

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Effective Changes
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The UK government is working on a finance bill
for 2020, which could be effective from April
2020. However, the start date for new policies
could change to September 2019. The Finance Bill
has introduced a number of amendments. However,
we have listed the most important things below so
that you can prepare yourself properly.
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1. IR-35 CHANGES FOR THE PRIVATE SECTOR
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2. CHANGES IN LIVING SPACE ALLOW FOR RELAXATION
FOLLOWING THE CHANGES WILL TAKE EFFECT ON APRIL
6, 2020, ACCORDING TO THE DRAFT LAW
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3. CHANGES IN ANTI-EVASION LEGISLATION (DEBTORS)
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According to the finance bill, the owners must
cancel the tax debt, which the company-owned. In
addition, they should confirm it regardless of
how much the company has a problem. These changes
are subject to the following conditions
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4. Rising digital sales tax
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5. The scope of CGT claims and income tax
increases
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6. EXEMPTION FROM DRUG DELIVERY VEHICLES
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7. INCREASE THE SDLT STAMP DUTY